High costs and market maturity make food starches a tough
proposition, says analyst, but there are some clear opportunities
since starch is critical in creating diet products with appealing
taste and texture.
Number one global flavours and fragrance player Givaudan is feeling
the weight of acquisitions, currency conversions and higher raw
material costs, taking a SF68 million (€43m) charge in 2003 and
axing 300 jobs.